Research and Development Investment: SAP SE vs Pure Storage, Inc.

R&D Investment Trends: SAP SE vs Pure Storage, Inc.

__timestampPure Storage, Inc.SAP SE
Wednesday, January 1, 2014360810002331000000
Thursday, January 1, 2015927070002845000000
Friday, January 1, 20161666450003041000000
Sunday, January 1, 20172458170003352000000
Monday, January 1, 20182791960003624000000
Tuesday, January 1, 20193499360004279000000
Wednesday, January 1, 20204336620004457000000
Friday, January 1, 20214804670005190000000
Saturday, January 1, 20225819350006165000000
Sunday, January 1, 20236925280006401000000
Monday, January 1, 20247367640006509000000
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Igniting the spark of knowledge

A Decade of Innovation: SAP SE vs Pure Storage, Inc.

In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, SAP SE and Pure Storage, Inc. have demonstrated contrasting yet intriguing R&D trajectories.

From 2014 to 2023, SAP SE consistently invested heavily in R&D, with expenditures peaking in 2022 at approximately 6.2 billion USD, marking a 165% increase from 2014. This commitment underscores SAP's dedication to maintaining its leadership in enterprise software solutions.

Conversely, Pure Storage, Inc., a relatively newer player, showcased a remarkable growth trajectory. Starting with modest R&D investments in 2014, the company increased its spending by over 1,900% by 2023, reaching nearly 737 million USD. This aggressive investment strategy highlights Pure Storage's ambition to disrupt the data storage industry.

While SAP's data for 2024 remains unavailable, Pure Storage's continued growth trajectory suggests a relentless pursuit of innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025